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Operating margin at other companies

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26%+2.8pp
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3.9%
Upstart Holdings, Inc. logo
Upstart Holdings, Inc.UPST
3.5%+1.9pp
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Pagaya TechnologiesPGY
22.3%+12.4pp
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OppFiOPFI
42.2%+4.5pp
PROG Holdings logo
PROG HoldingsPRG
8.7%0.0pp

Other financials

Income statement

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Revenue$20.5M-16.0%
Gross profit$15.6M-14.6%
Operating income-$633.0K-183%
Net income-$460.0K-175%
EPS (diluted)$0.00-100%

Balance sheet

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Cash & equivalents$185.0M-25.1%
Total debt$85.1M-39.7%
Total equity$75.3M-5.7%
Total assets$231.1M-24.0%

Cash flow

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Operating cash flow-$764.0K+80.1%
CapEx--100%
Free cash flow-$764.0K+80.3%

Valuation

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Market cap$369.17M+47.5%
Enterprise value$269.29M+86.4%
P/S4.1×

Profitability

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Gross margin77.2%
Net margin20.8%-27.5pp
FCF margin58.3%-4.1pp

Returns & leverage

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Return on equity-102.5%
Debt / equity1.1×-0.6×
Current ratio4.4×-1.8×

Where this comes from

Calculated from Open Lending Corporation’s reported figures.

Based on trailing twelve months.

The official record: Open Lending Corporation’s 10-Q, filed November 8, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Open Lending Corporation's operating margin?
Open Lending Corporation (LPRO) reported operating margin of 32.6% in Q3 2023.
How has Open Lending Corporation's operating margin changed year-over-year?
Open Lending Corporation's operating margin decreased by 48.0% year-over-year, from 62.7% to 32.6%.
What is the long-term trend for Open Lending Corporation's operating margin?
Over 2 years (2020 to 2022), Open Lending Corporation's operating margin has grown at a 2.2% compound annual growth rate (CAGR), from 52.1% to 54.4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.